A technique for fitting a straight line to a scattergram by minimizing the square of the vertical distances of all the points from the line is known as the ________
A) least-square procedure
B) scatter diagram plot
C) sum of square errors procedure
D) maximum residual procedure
A
Business
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What is a reserve price auction?
(a) The seller sets the lowest acceptable amount he will accept for the item and the buyers bid on it. (b) The seller sets an amount for the lowest possible bid on the item, and the buyers bid on it. (c) The buyer sets a price as sellers compete to match or even beat it. (d) The seller sells the item to the auction service, which then auctions the item off.
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What are the alternative work arrangements that a company can use to better accommodate the needs of employees?
What will be an ideal response?
Business